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Lesson for Africa As Europe Loses Its Voice on Ukraine

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As the world marks Trump’s one month at work, I want African leaders to learn something: power and positioning are transient. Under Biden, European leaders were falling over themselves, talking and shouting on Ukraine this, Ukraine that, projecting bravado of strength. Then Trump came, providing them the opportunities to follow through on their bombastic promises to Ukraine, but suddenly, Europe loses its arrows.

Did you notice that none is speaking these days? That the US is working with Russia to resolve the Russia-Ukraine war without even coordinating with Europe would have been an abomination under Biden. But with Trump on the seat, Europe is frozen and has lost its mojo. Talk and get some nice tariffs! (I did not vote for Trump and his style is not my preference.)

And here is my message to African leaders: do not believe those vapour promises, because every decent country is looking out for its own people, when it matters. As Europe re-calibrates to ensure it does not annoy Trump, throwing Ukraine under the bus if necessary, you should understand that when it matters, none cares about you. And that means, do not allow any country or global leader to use you to pursue its policy objective because positioning can change.

Remember Kwame Nkrumah’s words: no west, no east, just forward. 

Simply, do not align with Russia to hurt Europe/US or align with Europe/US to hurt Russia or China or anyone. But align with yourself to move FORWARD with the whole world.

To Sudanese who are destroying their nation supported by foreign powers, shame to those doing this. Those funding the destruction do not like you; they’re only interested in how destroying you helps them. But when they realize that is not paying, they will move on. 

I am stunned at how European leaders cannot speak for Ukraine anymore despite propelling once a great nation to take a poison pill with its bigger neighbour.

Comment on Feed

Comment: Not necessarily that Europe has lost its voice…Europe is likely weighing its options and building its ‘coalition of the willing’ before saying or doing anything. Unlike Trump who ‘shoots first’ as we can see from his going back on a number of tariff threats. This is likely going to be a marathon, not a sprint…

My ResponseEurope has really no good options since Trump has an option to pull out of NATO if he feels they want a fight! I am not sure Europe will risk NATO because of Ukraine.

USAID Suspension: Nigeria Moves to Absorb 28,000 Health Workers Previously Supported by USAID

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The Nigerian government has announced plans to absorb 28,000 health workers whose salaries were previously funded by the United States Agency for International Development (USAID) following the suspension of the agency’s activities under US President Donald Trump.

This move, aimed at preventing mass job losses in Nigeria’s already overburdened and understaffed healthcare sector, has been applauded. However, concerns have emerged regarding pay disparities, as affected health workers may face salary reductions once fully integrated into the national system.

Speaking on Channels Television’s Hard Copy programme on Friday, Coordinating Minister of Health and Social Welfare, Muhammad Pate, stated that the government is committed to reducing reliance on foreign aid and taking ownership of its healthcare workforce.

“There are health workers, 28,000 of them, who were being paid through US government support. While it has been appreciated, those health workers are Nigerians. We have to find ways to transit them,” Pate said.

The decision has been praised due to the severe shortage of health professionals in Nigeria. Over the past decade, thousands of Nigerian doctors and nurses have left the country in search of better pay and working conditions abroad—a phenomenon commonly referred to as the “Japa” wave. The World Health Organization (WHO) has repeatedly warned that Nigeria is facing a critical shortfall of healthcare workers, with the country falling far short of the minimum doctor-to-patient ratio recommended by the WHO. According to the Nigerian Medical Association (NMA), Nigeria’s doctor-patient ratio is approximately 1,000 percent. The WHO recommends a doctor-patient ratio of 1:600.

With USAID’s exit and the US government’s policy shift, the loss of these 28,000 health workers would have exacerbated Nigeria’s healthcare crisis, overwhelming already overstretched hospitals, clinics, and primary health centers across the country.

While the government’s plan to absorb the workers has been seen as a lifeline, many affected staff will have to accept significant pay cuts, as salaries under USAID-funded programs are said to be generally higher than those offered by Nigeria’s government hospitals and public health institutions.

The Nigerian healthcare sector is considered one of the most underpaying in the world, with poor remuneration, unpaid salaries, and lack of incentives being major reasons for the mass exodus of medical professionals. The USAID-funded programs provided better wages, allowances, and improved working conditions, making the transition to government payroll a downgrade in earnings for many affected workers.

Historically, Nigerian healthcare professionals have gone on strike multiple times over poor wages, lack of equipment, and hazardous working conditions. Experts fear that if the government fails to offer competitive salaries, some of these absorbed workers may choose to leave the sector entirely or migrate abroad in search of better opportunities.

US Policy Shift: How Trump’s Aid Cuts Are Disrupting Nigeria’s Health System

The USAID crisis stems from executive orders signed by President Trump upon assuming office on January 20, 2025, which halted the disbursement of foreign aid for three months. This directive suspended all USAID-funded interventions globally, including in Nigeria, where the agency played a critical role in tackling HIV/AIDS, Tuberculosis, and Malaria.

Although PEPFAR was issued a limited waiver a week later, allowing some services to resume, the situation remains uncertain. The full-scale suspension of USAID activities in Nigeria has disrupted numerous health programs, raising concerns about funding for essential treatments and vaccinations.

To mitigate the impact, the Nigerian Senate has allocated an additional N300 billion in the 2025 budget to sustain healthcare workers and prevent service disruptions. Additionally, the Federal Executive Council (FEC) recently approved nearly $1 billion to boost healthcare funding across states.

“We’ve seen deliberate efforts to mobilize resources to invest in health. Just last week, the Federal Executive Council approved almost a billion dollars in terms of financing for the programme. That is a significant resource that states will implement. It’s a programme for results that will deliver better, but it will take time,” Pate explained.

Beyond Absorption: Addressing the Underfunding of Nigeria’s Healthcare System

While absorbing the 28,000 workers is a necessary short-term fix, experts warn that it does not address the deeper structural problems facing Nigeria’s healthcare sector.

Nigeria spends far less than recommended on healthcare, with only 30% of total health expenditure coming from public sources, while 70% is funded through private spending, mostly out-of-pocket payments by citizens. This has led to a situation where many Nigerians cannot afford basic medical care, further straining the system.

“Our total health spends in Nigeria, the total health expenditure: 30 percent is public, 70 percent is private,” Pate noted.

With donor funding now inconsistent and unreliable, the Nigerian government has been advised to increase domestic healthcare financing, improve health worker salaries, and enhance working conditions to prevent further brain drain.

While the Nigerian government’s decision to retain 28,000 health workers is commendable, the real challenge lies in ensuring these professionals do not leave due to poor pay and working conditions. Between 2019 and 2023, the Medical and Dental Consultants Association of Nigeria reported that 1,056 consultants left the country for greener pastures. Similarly, the Nigerian Association of Resident Doctors revealed that over 900 members emigrated to Europe between January and September 2023 alone.

Many health experts believe that without a long-term strategy to offer competitive wages, incentives, and career development opportunities, the country risks losing more health workers to better-paying nations.

Exploitation of BVN-Unlinked Fintech Accounts in Nigeria, Predicted to Rise in 2025 – Report

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Nigeria’s burgeoning Fintech sector faces a growing threat from cybercriminals exploiting vulnerabilities in account verification.

A report by the Cyber Security Experts Association of Nigeria (CSEAN), revealed that a key concern is the rise of “picker accounts,” typically Tier-1 accounts opened with minimal Know Your Customer (KYC) requirements and not linked to a Bank Verification Number (BVN) or National Identity Number (NIN). These accounts, often with daily transaction limits of around N50,000, offer a low-barrier entry point for fraudsters.

Their ease of funding and weak verification processes make them ideal for money laundering and illicit activities. Experts predict this trend will continue into 2025, jeopardizing the stability of Nigeria’s digital financial landscape.

Many fraudulent activities occur through BVN-unlinked accounts, which allow anonymity and make tracking financial crimes difficult.

Implementing KYC

  • Ensures that users link their accounts to their BVN for proper identification.
  • Helps authorities track and block suspicious transactions.
  • Reduces the use of fintech platforms for illicit financial activities.

Combating this threat requires a multi-pronged approach.  A stronger collaborative effort is crucial, involving regulatory bodies, financial institutions, and law enforcement.  Key strategies include bolstering KYC procedures to ensure more robust identity verification, increased regulatory oversight of Fintech platforms, and widespread public awareness campaigns to educate citizens about these scams.

Recall that on April 26, 2024, the Central Bank of Nigeria (CBN) officials, met with the chief executives of major fintech companies in the country and ordered them to discontinue the onboarding of new customers. The CBN expressed dissatisfaction with the manner in which the fintechs handled KYC checks in opening accounts for their customers, stating that such loopholes could be exploited by money launderers and terrorist financiers in moving illicit financial resources.

A month later, the government lifted the ban, marking a significant milestone for the fintech industry in Nigeria, emphasizing the importance of regulatory compliance in maintaining operational integrity. It also highlighted the ongoing efforts of fintech companies in Nigeria, to enhance security measures and adhere to stringent regulatory requirements to prevent illicit activities. The resumption of customer onboarding by these fintech platforms is expected to boost their operations and customer base, contributing positively to Nigeria’s digital financial ecosystem.

Beyond regulatory and security concerns, KYC also plays a role in enhancing customer trust and business growth. Customers are more likely to engage with fintech platforms that prioritize security, knowing that their transactions and data are protected. Strong KYC policies also open doors for fintechs to expand internationally by ensuring they meet global financial regulations such as those set by the Financial Action Task Force (FATF). This strengthens partnerships with international payment providers and facilitates cross-border transactions, particularly for remittance services used by Nigerians abroad.

The predicted rise in the exploitation of BVN-unlinked fintech accounts in 2025 highlights a critical security and regulatory challenge in Nigeria’s digital financial space. While fintech innovation is driving financial inclusion, the absence of strict BVN enforcement creates vulnerabilities that fraudsters will continue to exploit.

Stronger regulations, better security frameworks, and enhanced KYC policies are essential to curb this trend. By reducing the attractiveness of these easily accessible, poorly verified accounts, Nigeria can better protect its financial system and foster trust in its expanding digital economy.

This creates a more transparent, accountable, and resilient financial ecosystem. Ultimately, KYC is not just a compliance requirement but a fundamental aspect of ensuring fintech platforms remain secure, trustworthy, and sustainable in the long term.

African fintech company Moniepoint receives Visa support

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African fintech Moniepoint has gotten not just anyone but Visa as a new investor. This business banking and payments platform has already confirmed the investment from the global payments giant. This ties in with both companies’ desire to maintain financial inclusivity and support SMEs’ growth across Africa. Today, fintech is working with many firms from the tourism and casino industries to provide them with payment services. 

Sources claim that the fintech has received 10 million dollars in funding from Visa. This has attracted the attention of many investors with whom it is also in talks. Meanwhile, Moniepoint declined to comment on the size of Visa’s check or interest from other investors.

This fintech processes more than two million transactions every month. Its services are used by most private companies and corporations, but recently, the number of entertainment industry firms among Moniepoint’s clients has been growing. Thus, several land-based gambling establishments have already signed the service agreement, but the online sector shows stable growth. Casinos and bookmakers that accept players via the Internet actively use Moniepoint’s services to accept customer payments. 

This is not surprising because the sphere of online gambling is actively growing, and the number of users is increasing. The game Plinko has become especially popular, which attracts users with large potential winnings and exciting gameplay. The game is available to everyone: almost everyone can find and download real money plinko casino game. Replenishing the balance for the money game can be done quickly and conveniently with the help of the Moniepoint payment solution.  

Generally speaking, the rapid growth of fintech we are seeing today started during the Central Bank of Nigeria’s cashless campaign in early 2023. It continues, with payments growing by about 25% every three months, which is solid.

However, Moniepoint only accounts for a fraction of the country’s digital payments market. Electronic transfers based on the NIP instant payment network, comparable to India’s UPI and Brazil’s Pix, dominate the market, accounting for about 90% of the total payment mass. However, Moniepoint works with this channel and mobile agents. Given the situation, Visa’s investment underscores the position and potential of fintech in Nigeria’s card value chain as a major issuer and acquirer.

This strategic partnership is beneficial to the payments ecosystem?’s development. And one of the ways it is developing is by introducing a contactless payment system. Interestingly, the Central Bank has indicated the need to incentivize contactless services to improve accessibility and micro-transactions. This, in turn, would boost business growth, especially in the tourism and casino sectors, because today, Africa lags behind other jurisdictions in this regard. 

However, privacy, security, and trust issues must be addressed before contactless payments become active. Once these are resolved, contactless payments could significantly increase transaction volumes, expected to surpass any other transactions in the country.

Moniepoint is in a prime position to lead this transition in Nigeria. It can use Visa’s Cybersource system to increase transaction transparency. The company has ambitious plans—it intends to expand beyond the country into the domestic African market first before spreading further afield. To do so, it will use Visa Direct.

After its investment, Visa will join Moniepoint’s board of directors. The company has a strong track record of investing in African payment infrastructure.  And Visa is positioning Moniepoint as the latest example of its long-standing commitment to advancing the digital economy in Africa.

Bonuses in Sports Betting: Benefits and Ways to Get Them

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In sports betting, bonuses are not just rewards; they are winning chances that can improve your betting experience. From free bets to cashback, bonus offers provide value that goes beyond the arithmetic of money spent versus earned. Bonuses can greatly improve one’s experience and understanding of a game. Today, we will shed light upon the benefits of sports betting bonuses and how one can get them!

Introduction to Sports Betting Bonuses

Sports betting bonuses are benefits offered by platforms in order to attract new users and keep existing ones. Promotions in these bonuses are diverse, such as welcome bonuses, free bets, and even cashback deals. The sole purpose of these is to give the player extra profit on their bets and, therefore, improve their whole experience when placing bets. That is why we recommend Click Here to Get MelBet Bonus. It will make your betting experience even better, and thanks to the large amount, it will allow you to place even more bets without risking your own money!

Now, let’s look at how bonuses work in practice. As an example, one of the typical welcome bonuses offered is 100% matched on first deposits up to $100. This means if you deposit $50, you will have $100 to bet with. These kinds of offers allow players to get acquainted with betting without risking too much of their own money. Ultimately, bonuses foster positive engagement among bettors and, when used correctly, help them financially too.

Types of Bonuses: Welcome Offers, Free Bets, and More

Bonuses are often aimed towards different areas of betting and, as a result, are available in various forms. Following is a list of popular ones:

  1. Welcome Bonuses: These bonuses are provided to new players as introductory offers. For instance, a player can get a 100% matched deposit of up to $200, which doubles their starting bankroll.
  2. Free Bets: Allow gamblers to place free intents with no risks. For example, if someone places a $20 wager and loses, they will still get a $20 free bet.
  3. Cashback Offers: Refunds a portion of your losses. For instance, some places refund 10% of weekly losses, including all bets made, but only up to $50.
  4. Loyalty Rewards: Incentives given to players who play regularly. An example is players earning bonus points for every bet they make that can be exchanged for additional bonuses or items.

Knowing these types will give you the ability to select bonuses that best suit your betting preferences and get the most out of them.

How Bonuses Enhance Your Betting Experience

Bonuses serve to increase your bankroll, but they also improve different aspects of the betting process as a whole. The right bonuses help leave any new investors trying out different markets without the fear of losing money, which is perfect for learning new materials related to the field.

Bettors who have been in the field for a while also profit from bonuses. For instance, cashback offers lessen the losses, while free bets enable players to take more chances. According to a survey conducted in 2023, 68% of the bettors viewed these bonuses as a crucial deciding factor when picking a platform. This shows that these incentives are important when enticing people to the world of betting.

Eligibility Criteria: What You Need to Qualify

Despite how lucrative bonuses may seem, players must meet certain qualifying conditions. If you understand these conditions properly, you can make the most of what you may be missing. For instance, a majority of welcome bonuses expect new users to open an account with them and deposit a minimum amount of, say, $10 to $20.

Other bonuses can be more specific, such as requiring bets at certain odds within particular timeframes. For instance, free bets may only be wagered on events where the odds are 1.5 or higher. It is essential to read the fine print in order to not lose value in the bonuses that are being offered.

Maximizing Bonus Benefits Through Smart Betting

To benefit optimally, there needs to be an effective strategy in place on how to go about with bonuses. Here’s how:

  1. Understand the Wagering Requirements: Always try to ascertain how many bets you have to place before the winnings can be withdrawn. For instance, suppose the bonus is $50, and five times it must be rolled over, then wagers amounting to $250 must be made.
  2. Focus on Low-Risk Bets: Use bonuses on wagers that yield lower variances. An applied example would be betting from highly probable double-chance markets.
  3. Diversify Your Bets: Do not risk losing all your bonus money in one wager. For instance, you can have a greater net gain by betting a smaller amount on many games rather than placing one massive bet.
  4. Keep Track of Your Progress: Make sure to track your progress regarding the wagering requirement and the deadlines. Example: Keep a spreadsheet or an app to track how you are using your bonus.

With these strategies in place, you maximize the potential that bonuses give you while also controlling your risks.

Common Terms and Conditions to Watch Out For

Terms and conditions govern the use of bonuses and could dwindle the usability of bonuses. Here are four such key factors to consider:

  • Wagering Requirements: Specifies how many times you have to wager the bonus amount. Example: If you have $100 in bonus money, and it has a 10x wagering requirement, you will need to place $1000 worth of bets.
  • Time Constraints: Specify when you have to use the bonus. Example: If you have a welcome bonus, it could expire if not used in 30 days.
  • Restrictions on Where and How to Bet: May apply to specific events or odds. Example: Bonuses may only apply to bets with odds of 1.8 or higher.
  • Limiting the Winning Amount: This is the amount of money that can be earned after using the bonus. There are bonuses that allow total winnings of not more than $500.

These terms are especially essential if you wish to fully utilize your bonuses and not encounter unwanted surprises.

Where to Find the Best Sports Betting Bonuses

In most cases, locating the most lucrative bonuses will require a bit of work. Not all the platforms that promote betting will benefit you the same way. Make a comparison of bonuses available among various platforms with an idea of low wagering terms as well as flexible conditions.

Make sure to check the promotional page constantly because some deals only apply to specific seasons or certain events, such as free bets on the most important games. It is also advisable that one use alerts and newsletters so as not to miss out on the newest offerings. By being proactive, you maximize chances to enhance your betting pot.

Transforming Bonuses into Big Wins

Bonuses on sports betting are more than just some extra money; they are a gateway to profits through learning, strategizing, and winning. If you learn how to place wagers and arm yourself with the utmost knowledge, you will realize that betting is far more than just taking risks. So, go ahead and create an account today and let the bonus act as a welcome gift that helps you win bigger!